Sticking to the Basics

M.K. Mikels and Company is a manufacturer that serves mainly as a supplier for the building industry in Israel. The company makes glues and related products used to construct buildings. To begin with, several factors have contributed to the current high price of housing in Israel, including waves of immigration from Russia and Ethiopia during the 1990s, demand created by young couples for housing, and heavy population density in the main cities. These factors particularly accelerated demand for construction of new apartments in this decade, giving rise to an increase in activity for the Israeli construction industry and its suppliers, including M.K. Mikels.